Appraisal Today
MAY 10, 2024
ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. For appraisers, Section II.D.2.
McKissock
JUNE 22, 2021
Job aid: Big Box Retail Valuations. This job aid provides in-depth guidance on appraising a big box retail property. Job aid: How to Respond to a Reconsideration of Value Request. It shares several considerations surrounding the multi-faceted complexities of performing an appraisal on this type of commercial property.
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Appraisal Today
JULY 26, 2024
retail residential mortgage applications, and has been conducted weekly since 1990. Base period and value for all indexes is March 16, 1990=100. A Reality Check Southernmost House in Continental U.S. Is for Sale in Key West (It’s Next to the Buoy) for $18.5 million Mortgage applications decreased 2.2 percent from 6.33
Appraisal Today
APRIL 7, 2023
Comps??? == Reconsiderations of Value and What to Do About Them By Danielle Lopez This reconsideration of value has already set me back 30 minutes. The review and analysis of the lender-selected sales are completely irrelevant to the report and opinion of value. percent from 5.62
Appraisal Today
APRIL 5, 2024
More significantly, loanDepot.com agreed to an extensive revamping of: (a) its reconsideration of value practices; (b) fair housing/non-discrimination training requirements; (c) statistical tracking of appraisal outcomes; and (d) training and contractual requirements for AMCs and appraisers. percent from 6.27
Appraisal Today
JULY 12, 2024
retail residential mortgage applications, and has been conducted weekly since 1990. Base period and value for all indexes is March 16, 1990=100. = The average contract interest rate for 5/1 ARMs decreased to 6.22 percent from 6.38 percent, with points increasing to 0.6 from 0.54 (including the origination fee) for 80 percent LTV loans.
Appraisal Today
FEBRUARY 23, 2024
This will save time, especially when consumers request a Reconsideration of Value. retail residential mortgage applications, and has been conducted weekly since 1990. Base period and value for all indexes is March 16, 1990=100. == Ann O’Rourke, MAI, SRA, MBA Appraiser and Publisher Appraisal Today 1826 Clement Ave.
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